Oughtibridge,, United Kingdom (PressExposure) May 25, 2009 -- Nexis International Industries, Inc (Pink Sheets: NXSI - News) [http://www.nexisint.com] has entered into a major binding contractual agreement with a Chinese Government entity. Pursuant to this arrangement, the Chinese government entity will provide 750,000 kiloton's of mixed solid waste stream per annum, as a raw materials source for a proposed âNexis International Industriesâ Manufacturing Plant.
Once established the proposed manufacturing plant will produce enough 5Stargreen building panels to enable the construction of 60,000 homes per annum in the region. Marketing license arrangements have also been signed with a Chinese marketing, distribution and implementation company to exclusively receive all product from the proposed plant. Walter Filler, Director Business Development, said that he expected business and plant preparations would be undertaken within the following months to enable âNexis International Industriesâ to start production and sales.
The company's CEO, Rahoul Ray, said this was exciting news and follows the successful listing of the company on the Deutsche Borse in Frankfurt, Germany (symbol: 3nx.f).